Fortis
FTS Utilities Utilities Regulated Electric
Fortis' revenue for fiscal 2025 (year ended December 2025) was $8.7 billion, up 3.71% from fiscal 2024.
- Revenue
- +4.39%
- EPS
- +28.7%
- Free cash flow
- −10.2%
- Total debt
- +14.0%
Quarter to September 2026, against a year earlier
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Fortis (FTS) Operating margin
Fortis's operating margin over the twelve months to 30 September 2026 was 28.4%, down 0.2 percentage points from fiscal 2025 (28.7%). Over the past ten years it has ranged from 21.1% (fiscal 2015) to 34.6% (fiscal 2019); the current reading is higher than 82% of that period. That is above the Utilities Regulated Electric industry median of 21.7% and above the Utilities sector median of 18.7%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 28.7% | 0.08 |
| FY2024 | 28.6% | 1.83 |
| FY2023 | 26.8% | 1.97 |
| FY2022 | 24.8% | (1.32) |
| FY2021 | 26.1% | (1.94) |
| FY2020 | 28.1% | (6.52) |
| FY2019 | 34.6% | 6.40 |
| FY2018 | 28.2% | (1.93) |
| FY2017 | 30.1% | 8.43 |
| FY2016 | 21.7% | 0.60 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 30.1% | 2.65 |
| Jun 2026 | 27.4% | (0.63) |
| Mar 2026 | 28.1% | (0.12) |
| Dec 2025 | 28.2% | (1.47) |
| 41 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| FTS Fortis | 28.4% |
| AEE Ameren Corporation compare | 24.9% |
| CNP CenterPoint Energy, Inc. compare | 24.4% |
| PPL PPL Corporation compare | 24.1% |
| PEG Public Service Enterprise Group Incorporated compare | 21.6% |
| ES Eversource Energy compare | 21.6% |
| PCG Pacific Gas & Electric Co. compare | 20.2% |
| FE FirstEnergy Corporation compare | 14.9% |
| DTE DTE Energy Company compare | 13.1% |
| Utilities Regulated Electric industry median | 21.7% |
| Utilities sector median | 18.7% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on FTS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement